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Jakarta
Monday, July 16, 2018
JAKARTA (TheInsiderStories)--Indonesia recorded US$1.74 billion trade surplus in June 2018, Statistics Indonesia reported on Monday (16/07). However, the country still booked US$1.02 billion in the trade deficit from January to June 2018. Export in January to June 2018 reached US$88.02 billion or increase 10.03 per cent (year to year), lower...
JAKARTA (TheInsiderStories) - One of Singapore's coal producer Blackgold Natural Resources Limited's (SSX: 41H) shareholders have accused by Indonesia's anti-graft body on bribery initiative to the member of parliament on one power plant project in Indonesia, said the agency on Sunday (16/07). One day after the hand-catch operation, the agency examined...
JAKARTA (TheInsiderStories)--Indonesia's financial technology (FinTech) peer to peer (P2P) firms had disbursed loans totalling Rp7 trillion (US$486.435 million) by June 2018, FinTech Licensing and Supervision Arrangement Director of Financial Services Authority  (FSA) Hendrikus Passagi said on Friday (13/07). It grew 173.4 per cent from Rp2.56 trillion (US$177.903 million) by the end...
JAKARTA (TheInsiderStories) - Indonesian miner, Nickel Mines Limited (ASX: NIC) launched AUS$200 million's initial public offering (IPO) to fund the acquisition, exploring and developing nickel projects, the company announced on Friday (13/07). The Company offers 571,428,572 shares at an Offer Price of $0.35 per share and is aiming to list...
JAKARTA (TheInsiderStories)--Bank Indonesia estimated economic growth might reach 5.2 per cent in the second quarter this year, said Bank Indonesia’s governor Perry Warjiyo on Friday (13/07). "We initially estimated 5.2 per cent, we still count the possibilities a little lower," he added, as quoted by CNBC Indonesia. Bank Indonesia estimate is...
JAKARTA (TheInsiderStories)--The state-owned mining company PT Indonesia Asahan Aluminium (Inalum) has received US$5.2 billion loan offers from 11 local and foreign banks to increase the company stake in PT Freeport Indonesia to 51 per cent, said the President Director Budi Gunadi Sadikin on Thursday (12/07). Inalum will not take all...
JAKARTA (TheInsiderStories) - Trade cooperation between China and Association of Southeast Asian Nations (ASEAN) members has jumped from US$55 billion to $514 billion in 2017, or nearly tenfold within 15 years since both sides established strategic partnership in 2003, news agency Antara reported. Two-way direct investment totals nearly $200 billion...
JAKARTA (TheInsiderStories) - Indonesia's state-owned enterprises PT Indonesia Asahan Aluminium (Inalum) takeover 45.78 percent shares of PT Freeport Indonesia (PTFI) from Freeport-McMoRan Gold & Copper Inc. (NYSE: FCX) with worth US$3.85 billion, said one senior official on Thursday (12/07). Currently Inalum and PT Indocopper Investama, local unit of Freeport-Mcmoran have 9.36...
JAKARTA (TheInsiderStories)— Production expenses at Indonesia’s state-owned power company PT Perusahaan Listrik Negara (PLN) rose by Rp10 trillion in the first six months of this year due to rupiah depreciation and higher oil price. President Director of PLN Sofyan Basir on Wednesday (11/07) said the company recorded rising production cost by...
JAKARTA (TheInsiderStories) - Government of Indonesia offered ten airports to manage by two state-owned airport operator PT Angkasa Pura I (AP I) and PT Angkasa Pura II (AP II), said one senior official on Thursday (12/07). The airports would be located in Lampung, Central Sulawesi, Southeast Sulawesi, East Nusa Tenggara,...

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Indonesia’s Trade Minister to Visits U.S on Trade War Dispute

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Indonesia Records US$1.74 Trade Surplus in June 2018

JAKARTA (TheInsiderStories)--Indonesia recorded US$1.74 billion trade surplus in June 2018, Statistics Indonesia reported on Monday (16/07). However, the country still booked US$1.02 billion in the...

Singapore’s Blackgold Involved Graft Scandal in Indonesia

JAKARTA (TheInsiderStories) - One of Singapore's coal producer Blackgold Natural Resources Limited's (SSX: 41H) shareholders have accused by Indonesia's anti-graft body on bribery initiative to...